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News and Articles About Family Businesses
Market Basket's Family Feud Risks a Loss of Its Loyal Following
Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.
Peter S. Cohan
How a Family-Owned Firm Can Beat the Odds and Pivot
Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
Faith and Family at Work: A Recipe for Disaster or Prosperity?
Done right, melding business, faith and family is the most incredible pursuit you will ever undertake.
How to Successfully Exit Your Family Business and Pivot for the Internet Age
An owner explains how he refocused on online sales, sold the local family heating services firm and runs a new ecommerce company.
Understand This Before Joining the Family Business
Our expert suggests getting a formal operating agreement hammered out before investing time or money in the venture.
A Family Legacy: Tennessee Brothers Seek to Revive Fallen Whiskey Empire
The Nelson brothers were staggered to discover on a country drive one day that their great-great-great grandfather owned and operated one of the largest whiskey distilleries in pre-Prohibition America.
How to Run a Family Business Without Killing Each Other
Even though a reported 80 percent of all U.S. enterprises are family run, doesn't mean it is easy. Here are a few pointers on how to get along (and be successful).
7 Lessons in Harmony for Family Startups
Running a family business can unite members of a family but it can also tear them apart. Here are some tips keeping the peace, both at home and at the office.
Franchise Players: How Electronic Retail Became a Family Business for This Boomer
After working in electronics retail stores for years, Scott Meyers decided it was time to start his own family business.
100-Year-Old Jolly Time Pop Corn Offers Kernels of Wisdom
Fourth-generation owners Garry and Carlton Smith share how their family-owned business has stayed fresh for a century.
Kelly K. Spors
Franchise Players: A Young Franchisee Brings Family's Lessons to Forever Yogurt
Mit Patel draws inspiration from his family as he ventures out as his own franchisee.
9 Essentials for Any Family Business to Thrive
Running a family business is no easy feat. Here are nine keys to making it work.
Franchise Players: Two Men and a Truck's First Franchisee Reflects on 27 Years in Franchising
Two Men and a Truck is built on a family of female entrepreneurs. Here's what the first franchisee (and the founder's daughter) has learned.
The Frequently Fatal Family Business Flaw: Denial
It turns out, businesses owned by families suffer from bad management practices that could cause a meltdown.
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